@article{oai:nagoya.repo.nii.ac.jp:00005698, author = {Lekuthai, Sunetra}, journal = {国際開発研究フォーラム, Forum of International Development Studies}, month = {Dec}, note = {The Thai food industry is recently regarded as a key sector for income and employment generatiion and is expected to improve the rural-urban income inequality. This paper examines its contribution on Thai economy using an Input-Output(I-O)inducement analysis, and also its future prospects by looking into international competitiveness. The I-O analysis indicated that the food industry provided the strongest contribution to the economy in terms of production inducement to the whole economy, employment generation and foreign exchange earning. However, future prospects lies on the penetration into export markets, since its domestic market is too small to absorb the total production. Analysis on its export performance by Revealed Comparative Advantage(RCA)index and market shares in major export markets, and indication from export demand and supply equations have shown that the food industry's international competitiveness is declining. In review of many benefits of the food industry, the paper concludes by providing policy implications.}, pages = {89--113}, title = {The Contribution of the Thai Food Industry to the Economy and Its Future Prospects in terms of Competitiveness}, volume = {32}, year = {2006} }